What are the responsibilities and job description for the Actuarial Senior Manager - Hybrid position at Securian Financial?
*At Securian Financial the internal position title is Actuarial Sr Mgr*
Position Overview
The Actuarial Sr. Manager is responsible for leading Individual Annuity product development, making critical decisions on product selection and prioritization, recommending annuity product strategy to create and maintain competitively relevant products, and developing talent.
Key Responsibilities
Annuity Strategy and Product Development
Securian Financial believes in hybrid work as an integral part of our culture. Associates get the benefit of working both virtually and in our offices. If you’re in a commutable distance (90 minutes) you’ll join us 3 days each week in our offices to collaborate and build relationships. Our policy allows flexibility for the reality of business and personal schedules.
Physical Job Requirements
The Estimated Base Pay Range For This Job Is
$124,000.00 - $230,000.00
Pay may vary depending on job-related factors and individual experience, skills, knowledge, etc. More information on base pay and incentive pay (if applicable) can be discussed with a with a member of the Securian Financial Talent Acquisition team.
Paid Time Off
Be you. With us. At Securian Financial, we understand that attracting top talent means offering more than just a job – it means providing a rewarding and fulfilling career. As a valued member of our high-performing team, we want you to connect with your work, your relationships and your community. Enjoy our comprehensive range of benefits designed to enhance your professional growth, well-being and work-life balance, including the advantages listed here:
Health insurance: From the first day of employment, associates and their eligible family members – including spouses, domestic partners and children – are eligible for medical, dental and vision coverage.
Volunteer time: We know the importance of community. Through company-sponsored events, volunteer paid time off, a dollar-for-dollar matching gift program and more, we encourage you to support organizations important to you.
Associate Resource Groups: Build connections, be yourself and develop meaningful relationships at work through associate-led ARGs. Dedicated groups focus on a variety of interests and affinities, including:
This information is not intended to explain all the provisions of coverage available under these plans. In all cases, the plan document dictates coverage and provisions.
Securian Financial Group, Inc. does not discriminate based on race, color, religion, national origin, sex, gender, gender identity, sexual orientation, age, marital or familial status, pregnancy, disability, genetic information, political affiliation, veteran status, status in regard to public assistance or any other protected status. If you are a job seeker with a disability and require an accommodation to apply for one of our jobs, please contact us by email at Employment@Securian.com, by telephone 651-655-5522 (voice), or 711 (Relay/TTY).
To view our privacy statement click here
To view our legal statement click here
Position Overview
The Actuarial Sr. Manager is responsible for leading Individual Annuity product development, making critical decisions on product selection and prioritization, recommending annuity product strategy to create and maintain competitively relevant products, and developing talent.
Key Responsibilities
Annuity Strategy and Product Development
- Recommend annuity product development strategy. Develop tactics around our individual life product offerings.
- Empower the team to create and maintain competitively relevant products that assist customers in achieving financial planning and protection goals while balancing Securian’s risk management and capacity, short- and long-term earnings, sales and distribution needs, and inforce business.
- Lead pricing initiatives and set rates, collaborating with both distribution and risk and finance to ensure sales and earnings goals are achieved.
- Develop and leverage internal and external relationships necessary to understand the individual annuity competitive landscape, successfully launch and service products, and compete and win.
- Lead a team of actuaries to support the outcomes of the annuity line.
- Develop and coach talent, setting expectations for results the team will drive, coaching for effectiveness and creating a culture of collaboration, teamwork, creativity, and empowerment.
- Establish and maintain strong relationships with external partners. Represent Securian externally through active involvement in ACLI, NAIC, LIMRA and regulatory bodies to advocate for important issues influencing annuities and Securian’s competitive position.
- Build relationships and collaborate with teams across the organization in order to partner on product development initiatives.
- Fellowship in the Society of Actuaries (FSA) preferred, Associate of the Society of Actuaries (ASA) preferred.
- Member of the American Academy of Actuaries.
- 10 years of annuity product development experience, including how annuity products are sold and deep understanding of the needs of the customer and distribution partners preferred.
- 5-10 years talent development experience.
- Strong interpersonal and collaboration skills to interact with wide variety of people that is demanded by the job.
- Understanding and collaboration with distribution partners, including BDs, FIs, IMOs, etc. preferred.
Securian Financial believes in hybrid work as an integral part of our culture. Associates get the benefit of working both virtually and in our offices. If you’re in a commutable distance (90 minutes) you’ll join us 3 days each week in our offices to collaborate and build relationships. Our policy allows flexibility for the reality of business and personal schedules.
Physical Job Requirements
- Ability to utilize keyboard, mouse and computer for up to 8 hours per day.
- Ability to work at least 40 hours per week.
- Ability to utilize telephone for up to 8 hours per day.
- Ability to perform grasping tasks throughout the entire work day (examples: handwriting, grasping of equipment/machines, paper manipulation, sorting, folding, handling stacks of paper).
The Estimated Base Pay Range For This Job Is
$124,000.00 - $230,000.00
Pay may vary depending on job-related factors and individual experience, skills, knowledge, etc. More information on base pay and incentive pay (if applicable) can be discussed with a with a member of the Securian Financial Talent Acquisition team.
Paid Time Off
Be you. With us. At Securian Financial, we understand that attracting top talent means offering more than just a job – it means providing a rewarding and fulfilling career. As a valued member of our high-performing team, we want you to connect with your work, your relationships and your community. Enjoy our comprehensive range of benefits designed to enhance your professional growth, well-being and work-life balance, including the advantages listed here:
- We want you to take time off for what matters most to you. During your first year of hire, you receive a prorated bank of personal days and vacation time depending on your month of hire.
- Leave programs: Securian’s flexible leave programs allow time off from work for parental leave, caregiver leave for family members, bereavement and military leave.
Health insurance: From the first day of employment, associates and their eligible family members – including spouses, domestic partners and children – are eligible for medical, dental and vision coverage.
Volunteer time: We know the importance of community. Through company-sponsored events, volunteer paid time off, a dollar-for-dollar matching gift program and more, we encourage you to support organizations important to you.
Associate Resource Groups: Build connections, be yourself and develop meaningful relationships at work through associate-led ARGs. Dedicated groups focus on a variety of interests and affinities, including:
- Mental Wellness and Disability
- Pride at Securian Financial
- Securian Young Professionals Network
- Securian Multicultural Network
- Securian Women and Allies Network
- Servicemember Associate Resource Group
This information is not intended to explain all the provisions of coverage available under these plans. In all cases, the plan document dictates coverage and provisions.
Securian Financial Group, Inc. does not discriminate based on race, color, religion, national origin, sex, gender, gender identity, sexual orientation, age, marital or familial status, pregnancy, disability, genetic information, political affiliation, veteran status, status in regard to public assistance or any other protected status. If you are a job seeker with a disability and require an accommodation to apply for one of our jobs, please contact us by email at Employment@Securian.com, by telephone 651-655-5522 (voice), or 711 (Relay/TTY).
To view our privacy statement click here
To view our legal statement click here
Salary : $124,000 - $230,000
